OGRA starts issuing licences for new CNG stations

News Image

MG News | November 09, 2020 at 04:27 PM GMT+05:00

0:00

November 9, 2020: The All Pakistan CNG Association (APCNGA) on Monday said the government is promoting CNG to reduce urban pollution, cut oil import bill and increase employment.

The government has taken a number of commendable steps including removing the ban on setting up new CNG stations, said Ghiyas Abdullah Paracha, Central Chairman APCNGA.

Now OGRA has started issuing licences for new CNG outlets to those who fulfil all the formalities while the ban on import of CNG kits has also been lifted and import duty, as well as sales tax has been slashed to promote its imports.

Ghiyas Paracha said that now latest CNG kits would be available in the country that will result in 15 percent extra mileage resulting in savings.

He said that availability of private imported LNG and other steps will trigger its usage and conversion of vehicles to environment-friendly economical fuel which will help masses save up to 40 travelling costs.

The business leader noted that the government decisions will result in new investment, create almost three hundred thousand jobs and this fuel will be made available in the areas where it was not available earlier.

 Promotion of this fuel will reduce urban pollution by 25 percent within two years, he said, adding that CNG emits significantly less pollution than other fuels, therefore, it is being encouraged by dozens of countries.

He requested the government should ensure compliance by different subordinate departments for the success of the initiative.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 163,806.22
500.44M
-0.39%
-638.50
ALLSHR 99,845.79
1,977.49M
-0.42%
-417.42
KSE30 50,123.85
153.24M
-0.68%
-343.31
KMI30 238,530.50
71.49M
-0.36%
-850.63
KMIALLSHR 65,898.10
543.80M
-0.37%
-245.35
BKTi 46,380.96
92.15M
-0.49%
-229.01
OGTi 31,857.40
12.33M
-1.20%
-387.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,220.00 109,470.00
103,745.00
-1225.00
-1.13%
BRENT CRUDE 61.34 61.47
60.14
0.28
0.46%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 93.20 93.50
93.20
0.05
0.05%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.25 57.32
56.15
0.26
0.46%
SUGAR #11 WORLD 15.53 15.88
15.45
-0.27
-1.71%

Chart of the Day


Latest News
October 18, 2025 at 01:59 PM GMT+05:00

SBP Revokes License of Exchange Company


October 18, 2025 at 01:36 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


October 17, 2025 at 05:29 PM GMT+05:00

MLCF profit doubles in Q3FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg